Master of Arts in Global Development Economics (MAGDE)

This degree program is an intensive three-semester course of study designed for those seeking rigorous training in economics supplemented by training in the related disciplines of politics, international relations, public health, and infrastructure and environment. The economics core of this program is identical to that required of students taking the MA in Economics. In addition, the MA in Global Development Economics (MA GDE) includes a set of economics elective courses that focus on various aspects of development issues and the global economy. Candidates for the MA GDE will also join students from the MA in Global Development Policy (MA GDP) program in taking courses in:

  • Governance and Political Economy
  • International Public Health
  • Infrastructure and Environmental Planning

The program is intended for students interested in a career in the economic development of lower and middle income countries and in transition economies, including working as policy analysts and decision-makers in government, nonprofit institutions, international organizations, and the private sector.

Program Structure

The program for the MA in Global Development Economics has five components:

  • Three core courses in global development policy
  • Four core courses in economics
  • Four elective courses in economics
  • A final capstone course
  • A comprehensive examination that tests general knowledge of economic theory and quantitative methods

Course Requirements
Twelve full-semester graduate courses (48 credits)

1. Global Development Policy Core Requirements

GRS IR/GE 794 Current Issues in International Environmental Affairs

GRS IR 701 Introduction to International Relations

SPH IH 770 Poverty, Health, and Development

2. Economics Core Requirements

EC501 Microeconomic Theory

EC502 Macroeconomic Theory

EC507 Statistics

EC508 Econometrics

3. Elective Courses in Economics

Four electives to be chosen from the following:

CAS EC 505 Elementary Mathematical Economics

CAS EC 521 Development Theory

CAS EC 531 Market Structure and Industrial Organization

CAS EC 541 Topics in Monetary Theory and Macroeconomics

CAS EC 542 Money and Financial Intermediation

CAS EC 545 Financial Economics

CAS EC 551 Economics of Labor Markets

CAS EC 552 Economic Organizations and Labor Markets

CAS EC 561 Public Economics I

CAS EC 562 Public Economics II

CAS EC 565 Economic Institutions in Historical Perspective

CAS EC 566 History of Public Finance and the Rise of the State in Europe

CAS EC 571 Energy and Environmental Economics

CAS EC 572 Public Control of Business

CAS EC 581 Health Economics I

CAS EC 582 Health Economics II

CAS EC 591 International Trade

CAS EC 595 International Finance

4. Capstone Course

GRS EC 798:  Capstone Course – All students in both the Global Development Policy and the Global Development Economics programs take a capstone course in their second year, GRS IR 798: Global Development Capstone. This is a project based course in which students, working in groups, design and carry out an interdisciplinary policy analysis comparable to those performed for a government or nonprofit agency.

Grade Requirements.

All courses and the comprehensive examination must be passed with grades of B- or better. Students must have an overall grade point average of 2.85 in all courses taken after enrollment in the Graduate School of Arts and Sciences at Boston University.

Time Requirement.
All courses and examinations must be completed within three years of the original registration in the Graduate School at Boston University.